Absolute Software (ABT) Receives Average Recommendation of “Hold” from Analysts
Absolute Software (TSE:ABT) has earned a consensus recommendation of “Hold” from the six ratings firms that are currently covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is C$7.71.
ABT has been the topic of several recent research reports. BMO Capital Markets reaffirmed a “market perform” rating and issued a C$8.00 price objective on shares of Absolute Software in a report on Tuesday, November 14th. National Bank Financial dropped their price objective on shares of Absolute Software from C$8.00 to C$7.00 and set a “sector perform” rating on the stock in a report on Tuesday, November 14th. TD Securities dropped their price objective on shares of Absolute Software from C$8.00 to C$7.00 and set a “hold” rating on the stock in a report on Tuesday, November 14th. Canaccord Genuity dropped their price objective on shares of Absolute Software from C$8.00 to C$7.50 in a report on Tuesday, November 14th. Finally, Pi Financial dropped their price objective on shares of Absolute Software from C$9.00 to C$8.75 in a report on Friday, August 18th.
Shares of Absolute Software (TSE ABT) opened at C$6.77 on Friday. Absolute Software has a twelve month low of C$6.21 and a twelve month high of C$8.82.
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About Absolute Software
Absolute Software Corporation is engaged in the development, marketing and support of endpoint security and data risk management solutions to commercial, healthcare, education and government customers. The Company operates through Data and Device Security segment. The Company offers solutions for devices, such as computers, laptops, tablets and smartphones.
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